
Bitcoin Holds Steady as SWIFT Explores Blockchain Payments
Bitcoin and Ethereum prices remain stable despite a potential U.S. government shutdown, as SWIFT partners with Consensys to test blockchain for payments.
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Bitcoin and Ethereum prices remain stable despite a potential U.S. government shutdown, as SWIFT partners with Consensys to test blockchain for payments.

Swift, the global financial messaging network, is partnering with 30 banks and Ethereum developer Consensys to build a new blockchain-based shared ledger.

The cryptocurrency market has rebounded to a $3.91 trillion valuation, weathering significant outflows from Bitcoin ETFs as institutional adoption grows.

The Swift international payments network is developing a new blockchain platform with major banks like Bank of America and Citi to compete with the growing stablecoin market.

The global financial messaging network SWIFT is reportedly testing blockchain integration on the Ethereum Layer 2 network Linea with major banks like BNP Paribas.